Tesco Q3 Earnings Call Highlights [Yahoo! Finance]
TESCO PLC S/ADR (TSCDY)
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Source: Yahoo! Finance
group-adjusted operating profit at the upper end of its £ 2.9–3.1bn guidance while maintaining free cash flow guidance. Fresh and premium own-brand ranges drove performance: U.K. fresh like-for-like sales rose and Finest grew , supported by 340 new/improved seasonal products and shifting demand toward higher-protein and low/no-alcohol options. Online was the fastest-growing channel ( ) with Whoosh up , while Tesco scaled operations (28,000 extra hires, 100,000 extra delivery slots) and expanded value measures including everyday low prices on over branded lines plus Aldi Price Match and Clubcard personalization. Interested in Tesco PLC? Here are five stocks we like better. Tesco (LON:TSCO) management said customers responded well to continued investment in “value, quality, and service” as the grocer reported group like-for-like sales growth of 2.9% over the 19-week quarter-three and Christmas trading period, including 3.7% growth in the U.K. On the company's trading update call
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